Your letter of intent (LOI) is a valuable piece of your estate planning, and although it is informal, it can be a powerful representation of your intentions after you pass away. Everyone knows they need to make a will, but…
You may feel like you are experiencing early dementia, but it may be something else altogether. Of the 5.3 million Americans with Alzheimer’s Disease, approximately 200,000 are under the age of 65. Known as Early-Onset Alzheimer’s, the disease typically strikes people…
Marriage, divorce, or losing a spouse are all emotional experiences, but they are also financial ones. One thing to think about is how marital status changes your social security benefits. Understanding your options in different situations removes the burden of decision-making…
Estate planning and elder law differ from one another as you prepare for the future, both in terms of finances and health needs. Estate planning and elder law also have some similarities. Even though these two types of law are for…
The US Food and Drug Administration (FDA) recently approved a new drug under the trademark Aduhelm™ to treat Alzheimer’s disease. The drug, Aducanumab, is a therapeutic drug that clinically demonstrates a potential to delay further decline from Alzheimer's disease and…
Wills serve as legal directives regarding who will inherit your property after you die and are an essential component of a comprehensive estate plan. If you die without one (intestate), the state will distribute your assets and property via state…
A lot of people have been told they should avoid probate. But just because people may have heard that term, doesn’t mean they know exactly what probate means, why it can be a problem, or how to successfully avoid it.…
A durable power of attorney is an essential estate planning document. It allows someone who you appoint (your agent) to make decisions on your behalf in the event you become incapacitated. If you have not appointed an agent then your…
The practice of estate planning is evolving due to changing family structures. As recently as thirty years ago, a traditional family comprised a husband and wife who married young, purchased a home, had children, and worked toward financial stability and…
A family with a special needs child can use life insurance in two ways. In one situation, parents may consider purchasing life insurance for their child’s life, addressing the possibility of outliving them. Alternatively, parents may use a life insurance…